Home Insurance Vaughan: Rates, Quotes, Consumer Tips

Home Insurance Vaughan: Intro

Welcome to your Home Insurance Guide for Vaughan. This page will give you an idea of Home Insurance Premiums in Ontario, will inform about savings opportunities and also provide number of other useful tips for choosing Home Insurance protection in Vaughan.

Get a free quote

What Are Typical Home Insurance Premiums In Ontario?


This chart illustrates the average Renters and Homeowners Insurance premiums in Ontario and other provinces including Home Insurance in Vaughan. Renters insurance rates are typically lower than home owners premiums due to the nature of insurance: Renters insurance typically covers only the content of your rented property and sometimes liability. It does not cover the building itself since it is covered under the insurance property of the homeowner.

Overall consumers spend in Ontario less on Home Insurance than in Alberta and British Columbia. That is the case due to more stable natural conditions e.g. lack of strong seismic activity like British Columbia or flooding similar to Calgary. Nevertheless the recent years demonstrated that nature can be also unfriendly in Ontario including flooding and ice storm that strongly impacted among others the whole Greater Toronto Area and nearby cites and towns. These were very significant natural occurrences that impacted people’s homes and, as consequence, home insurance.

Important note about flooding risk – typically overland flooding (e.g. due to strong rains or raised water level in rivers) is not covered by home insurance. Thus emergency government program(s) would be the only way to somewhat compensate financial impact of the flooding. flooding can be caused not only through a strong rain and storm but also through melting snow.

Get a free quote

How Can You Save on Home Insurance in Vaughan?

  • Mortgage-free home: When you pay off your home, some insurers will reward you with lower premiums (e.g. RBC Insurance, Cooperators)
  • Decrease liability risk: Decrease your liability with a common-sense approach to hazards. Fence off your pool. Keep aggressive dogs on a leash. Shovel the snow and ice from your walkway. 1
  • Water damages: Water damage can cause ongoing maintenance issues. Have an inspector check for water damage and learn if there has been a history of water damage before you buy a house.
  • Neighbourhood: For your personal safety and possible lower premiums, live in a low-crime, safe neighbourhood.
  • Business Insurance: If you work from home but do not have significant assets in the residence, home vs. business insurance may be the better option.
  • Wood stoves: Wood stoves increase your risk and could subject you to higher premiums and an inspection.
  • Annual review: Your life and your needs change year to year. Review your policy annually to see where you can save or if you need to adjust your insurance.
  • Students: Some carriers provide discounts for students. (e.g.State Farm)
  • New Home: Some insurers offer a new home discount. Check with your insurer to see if they offer this discount too (e.g. BCAA and Wawanesa)
  • Interested in more saving tips for Home Insurance in Vaughan? Get an insurance quote below and connect with an experienced insurance professional to get more tips

Get a free quote

Our Publications related to Home Insurance

Here's how competitive the GTA freehold market is

Here's how competitive the GTA freehold market is

Long before finding cheap home insurance, property hunters must first actually find a home that crosses off their list of must-haves, put down an offer, beat out competing bids and ultimately, close the deal. In Toronto’s super-hot housing market, that’s only proving to be a tougher task - especi[...]
HST Rebate on New Homes: 4 Things You Must Know

HST Rebate on New Homes: 4 Things You Must Know

For many condo seekers who are making the move to buy pre-construction, understanding how the HST rebate works is anything but straightforward. Questions around who’s really entitled to the rebate, how it’s calculated and “am I susceptible to having to pay it back” are often high up new homebuy[...]
Freehold Townhouse vs Condo – Key Differences to Know

Freehold Townhouse vs Condo – Key Differences to Know

On the real estate hunt? Unless you have a million dollars and massive down payment to spare, chances are detached houses are out of reach. It’s a reality facing many buyers, as prices have quickly outpaced income in Canada’s hottest housing markets. Consider this: The average detached house pri[...]
Toronto Condo Prices at Major Intersections

Toronto Condo Prices at Major Intersections

For Torontonians who find the hustle and bustle of the city energizing and equate quaint suburban life to a bore, snatching up a spacious house and yard in the burbs likely isn’t high up on the agenda. A condo apartment conveniently located steps to transit, work and vibrant downtown shopping - now [...]
111 Insurance Myths – Everything You Must Know

111 Insurance Myths – Everything You Must Know

Hundreds of websites on the Internet perpetuate insurance myths. In this article, we have summarized all the insurance myths we are aware of and catalogued them by type, starting with home insurance, followed by auto insurance, life Insurance etc. If interested, you can unlock another 20 additional [...]
magnifier  Home Insurance by Province
Home Insurance in AlbertaHome Insurance in British ColumbiaHome Insurance in Manitoba
Home Insurance in OntarioHome Insurance in Saskatchewan
magnifier  Home Insurance by Location
Home Insurance in Ajax
Home Insurance in Kitchener
Home Insurance in Richmond Hill
Home Insurance in Barrie
Home Insurance in Lethbridge
Home Insurance in Richmond
Home Insurance in Brampton
Home Insurance in London
Home Insurance in Sarnia
Home Insurance in Brantford
Home Insurance in Maple Ridge
Home Insurance in Saskatoon
Home Insurance in Burlington
Home Insurance in Markham
Home Insurance in Scarborough
Home Insurance in Burnaby
Home Insurance in Medicine Hat
Home Insurance in St. Catharines
Home Insurance in Calgary
Home Insurance in Mississauga
Home Insurance in Sudbury
Home Insurance in Cambridge
Home Insurance in Nanaimo
Home Insurance in Surrey
Home Insurance in Coquitlam
Home Insurance in Newmarket
Home Insurance in Thunder Bay
Home Insurance in Edmonton
Home Insurance in Oakville
Home Insurance in Toronto
Home Insurance in EtobicokeHome Insurance in Oshawa
Home Insurance in Vancouver
Home Insurance in GTA
Home Insurance in Ottawa
Home Insurance in Vaughan
Home Insurance in Guelph
Home Insurance in Peterborough
Home Insurance in Victoria
Home Insurance in Hamilton
Home Insurance in Pickering
Home Insurance in Waterloo
Home Insurance in Kamloops
Home Insurance in Prince George
Home Insurance in Windsor
Home Insurance in Kelowna
Home Insurance in Red Deer
Home Insurance in Winnipeg
Home Insurance in Kingston
Home Insurance in Regina